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Dec 5, 2012
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the midterm election. hopefully this is the beginning of a good productive legislation's been iq made headlines to say go-ahead extend the tax cuts and later fight to extend for wealthier americans. does that change your position? >> what is the right thing to do but the two sides agreed they don't to raise taxes on 98% we should agree to take them out of the line of fire. awac surely come to our side but if they are worried politicians that they don't have confidence that is what they will focus on and this is a democratic point* of leverage. so let's take it off the table. and it is not contradiction it is sensible i hope you will do it. >>host: how many people agree? >> i have no idea. the whole idea came before thanksgiving to have the deputy whip meeting with my friend mccarthy to solicit opinions. then we have a larger discussion with the entire team and you guys are pretty smart it was leaked then is a sensation with a tactical question and the right thing to do. >>host: have you spoken with speaker
the midterm election. hopefully this is the beginning of a good productive legislation's been iq made headlines to say go-ahead extend the tax cuts and later fight to extend for wealthier americans. does that change your position? >> what is the right thing to do but the two sides agreed they don't to raise taxes on 98% we should agree to take them out of the line of fire. awac surely come to our side but if they are worried politicians that they don't have confidence that is what they...
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Dec 3, 2012
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the election. today we will add to that exclusive list, and the senate has a time agreement for a vote on the second district nominee before we adjourn. this afternoon, we're considering the nomination of paul william grimm to be united states district judge for the district of maryland. with his confirmation, the senate will have confirmed 159 of president obama's nominees to the district of circuit courts. during the last presidential election year, -- 2008, that is -- the senate confirmed a total of 28 judges, 24 district and four circuit. this presidential election year, we have exceeded those numbers. we have confirmed five circuit nominees and judge grimm's will be the 32nd district judge confirmed. that is a total of 37 judges this year versus 28 in the last presidential election year. so once again i want to set the record straight and i hope i've done so. republicans have been more than fair to this president and his judicial nominees. i support this nomination and will put the balance of
the election. today we will add to that exclusive list, and the senate has a time agreement for a vote on the second district nominee before we adjourn. this afternoon, we're considering the nomination of paul william grimm to be united states district judge for the district of maryland. with his confirmation, the senate will have confirmed 159 of president obama's nominees to the district of circuit courts. during the last presidential election year, -- 2008, that is -- the senate confirmed a...
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Dec 5, 2012
12/12
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with sweep the election and gain control of the entire legislative branch of government in one election. here we see how the senate was specifically designed to prevent the tyranny of the majority. in federalist papers 66, madison, the father of the constitution, continues his explanation of the unique role of the senate, the unique role of the senate. quote -- "there are particular moments in public affairs when the people, stimulated by some irregular passion or some illicit advantage or misled by the miss representation of interest in men may call for measures which they themselves will afterwards be the most ready to lament and condemn. in these critical moments, house salutary will be the interfere ebbs of some temperate and respected body of citizens in order to check the misguided career and to suspend the blows meditated by the people against themselves until reason, justice and truth can regain their authority over the public mind." end of quote. now, i want you to contrast these quotes from madison and his role as the father of our constitution, says the constitution is intend
with sweep the election and gain control of the entire legislative branch of government in one election. here we see how the senate was specifically designed to prevent the tyranny of the majority. in federalist papers 66, madison, the father of the constitution, continues his explanation of the unique role of the senate, the unique role of the senate. quote -- "there are particular moments in public affairs when the people, stimulated by some irregular passion or some illicit advantage or...
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Dec 4, 2012
12/12
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election in the second term presidency. so john boehner is active to be speaker the next four years hopefully this is the beginning of a productive relationship. >> host: you made some news last week -- >> guest: not intentionally. [laughter] >> host: when you said republicans should agree with the president, go ahead and extend the tax cuts for 98% of americans and fight leader on for extending those tax cuts for wealthier americans. given what was put out by speaker boehner yesterday, did that change your position? >> guest: not at all. i think that's the smart thing to do. it's the right thing to do. the two sides agreed that we don't want to raise taxes on 98% of the american people. we should agree to take them out of the line of fire so to speak. i want them to follow the the date. i want them to be engaged in the the date. i think they will come to our side of the date. but if they are worried in the next 30 days their taxes are going to go up, if they don't have a lot of confidence any way, mishandling things, and i
election in the second term presidency. so john boehner is active to be speaker the next four years hopefully this is the beginning of a productive relationship. >> host: you made some news last week -- >> guest: not intentionally. [laughter] >> host: when you said republicans should agree with the president, go ahead and extend the tax cuts for 98% of americans and fight leader on for extending those tax cuts for wealthier americans. given what was put out by speaker boehner...
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Dec 5, 2012
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why was not discussed in the election cycle? >> guest: i would argue it is not working. he particularly would not work if you do not have a patch. even with a patch, the way the amt works is they will increase taxes, for example, take capital gains come in the example you've raised. the tax rate in the minimum tax for a variety of technical reasons is 22%, not 15%. if your income is between $200,000.500000. once your income goes over $500,000, the amt rate, the capital gains rate drops down to mac 15%. it is a totally bizarre effect every structure which you have the higher marginal rate -- i'm sitting between 200,000, in 500,000 is wealthy by make estimation. but it's not as wealthy as making more than $500,000. so you have a structure that the moderately wealthy face higher effective tax rates than those which i consider to be truly well-off, making more than $500,000, white was discussed in the last election i can't tell you. it's not discussed enough. i believe in the current discussion at the clift either. this is often ignored in the fact that this takes effect for
why was not discussed in the election cycle? >> guest: i would argue it is not working. he particularly would not work if you do not have a patch. even with a patch, the way the amt works is they will increase taxes, for example, take capital gains come in the example you've raised. the tax rate in the minimum tax for a variety of technical reasons is 22%, not 15%. if your income is between $200,000.500000. once your income goes over $500,000, the amt rate, the capital gains rate drops...
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Dec 4, 2012
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international relationship, i don't think that that kind of thing -- >> what matters is japan does have election on the summer 16th. are they worried about china trying to put together a leader democracy in the region including india because that was his strategy that if you put together things, much more like your when you think, i know you can't in your position talk one way or another about prime minister but this notion about a strategic -- is japan really need to invest in structures that balance -- are you worried that given your experience you have to balance china much more vigorously than you did in the past? >> yes. most frequently you ask question for japanese people is whether we regard china as a threat or a chance for an hour and should is would like to see china development as a chance rather than threat. >> what you think will really happen? >> there is a assumption that china continues to be kind of international stakeholder, stakeholder, international community. international order and they respect the communication with the other countries. on the assumption i think we can wel
international relationship, i don't think that that kind of thing -- >> what matters is japan does have election on the summer 16th. are they worried about china trying to put together a leader democracy in the region including india because that was his strategy that if you put together things, much more like your when you think, i know you can't in your position talk one way or another about prime minister but this notion about a strategic -- is japan really need to invest in structures...